Skip to main content
Home

Main navigation

  • Top stories
  • Health
  • Crime
  • Politics
  • Business
  • Tech
  • Culture
  • Sports
  • Weird
  • 1-1-2
Image
CJxtFgOWUAA55MI
Press conference following EU summit on Greek debt crisis, July 13th, 2015 (Picture: Twitter/@eucopresident) - Credit: Press conference following EU summit on Greek debt crisis, July 13th, 2015 (Picture: Twitter/@eucopresident)
Politics
Donald Tusk
ESM
European rescue fund
financial aid
Greece
Greece debt crisis
Greek financial turmoil
Jeroen Dijsselbloem
Mark Rutte
reforms
Monday, 13 July 2015 - 10:43
Share this:
  • facebook
  • twitter
  • linkedin
  • whatsapp
  • reddit

Agreement reached with Greece on financial aid

The European Union have reached an agreement on a rescue package for Greece. The financially troubled country has to implement substantial reforms, including pension reforms and tax measures, in exchange for between 82 and 86 billion euros from the European rescue fund ESM over the next three years. "We can say that after 17 hours of negotiations we have come to an 'agreekment'", EU president Donald Tusk said in a press conference after the 17 hour long summit concluded, NOS reports. Prime Minister Mark Rutte called it a "difficult birth". He said that the agreement includes a solid list of measures, but it is the only way to strengthen the Greek economy. Jeroen Dijsselbloem, Dutch Finance Minister and Eurogroup chairman, said that trust is one of the main themes. According to him, all parties have made efforts to get Greece back on track. The Greek Parliament has until Wednesday to approve the plan and implement the first points of the plan. The EU leaders made clear that the ball is now in Greek hands and that if the parliament does not agree to accept the plan by Wednesday, there will be no more money for Greece.

EuroSummit has unanimously reached agreement. All ready to go for ESM programme for #Greece with serious reforms & financial support

— Charles Michel (@eucopresident) July 13, 2015

Follow us:

Latest stories

  • Over €100,000 raised for Rotterdam shooting victims
  • House damaged by explosion in Rotterdam; Explosion at home in Hoofddorp
  • Trade union FNV announces work stoppages in timber trade
  • Over 340,000 birds spotted during international bird count, starling at the top
  • Families can now house their loved ones in need of care in their backyard
  • €28,5 million in cocaine seized at Vlissingen port

Top stories

  • Over €100,000 raised for Rotterdam shooting victims
  • RKC goalkeeper Etienne Vaessen regains consciousness after on-field collapse
  • One dead and three injured after major fire in house in Gouda
  • Gas production in Groningen stopped after 60 years
  • RKC-Ajax suspended after goalkeeper Etienne Vaessen collapses unconscious
  • Seventh anniversary of the abduction of Amsterdam girl Insiya Hemani

© 2012-2023, NL Times, All rights reserved.

Footer menu

  • Privacy
  • Contact
  • Partner content